Here we are almost to the end of September. We've been having a good year overall and the numbers as of September 20th support that. This is for just that period of time (1/1 to 9/20) in the four counties of the Northern Neck--Westmoreland, Lancaster, Richmond and Northumberland.
Take a look.
Residential sales, 4 counties, 1/1 to 9/20
| |
2013 |
2014 |
2015 |
Active |
| # sold |
284 |
299 |
336 |
908 |
| $ sold |
84.3 |
83.4 |
104.3 |
376.7 |
| Median sales price |
220,000 |
210,000 |
244,000 |
309,750 |
| Median days on market |
210.5 |
212 |
175 |
162 |
There's a significant improvement with 336 sales this year. Significant dollar improvement too with over $100,000,000 in sales. The median sales price is up and the median days on market is down. Not bad...not bad at all.
Waterfront residential sales, 4 counties, 1/1 to 9/20
| |
2013 |
2014 |
2015 |
Active |
| # sold |
142 |
132 |
173 |
530 |
| $ sold |
63.5 |
59.5 |
80.8 |
301.2 |
| Median sales price |
375,000 |
370,000 |
397,400 |
449,000 |
| Median days on market |
255 |
250 |
210 |
172 |
Quite an improvement in this market particularly. More sales, significantly more dollars, higher median price point and the lowest number of median days on market with 210. This is an improving market. Good for sellers and it shows that buyers are motivated to buy as well.
